International Journal of Business Excellence (87 papers in press)
Attitude towards celebrity endorsement A Case study of Adolescent Students using Personal Care Products
by Abirami Ulaganathan, Jayasree Krishnan
Abstract: Advertising industry is one of the largest business in India. In advertisements, celebrity persons are often employed to endorse the brand in order to influence the consumers perception towards those brands. One of the most popular technique in the advertising industry has been using film stars, sports persons, TV celebrities as endorsers in the advertisements. A number of studies have pinpointed that celebrity endorsement has enhanced the effectiveness of the advertisements. The objective of this paper is to investigate the impact of celebrity endorsement on the purchase intention of adolescent students using personal care products. The input variables included attitude towards celebrity endorsers and relationship between celebrity endorser and consumer. The purchase intention of adolescent students was considered as the output variable. The study was quantitative in nature and survey was conducted using a structured questionnaire with 300 students doing their Bachelor of Engineering degree course in five reputed colleges in Chennai, Tamil Nadu. The collected data was analysed using SPSS 21.0 software package. Overall results have shown that the attitude towards celebrity (Positive and Negative), relationship with celebrity endorser are positively impacting the purchase intention of students towards personal care products. In addition, the outcome of the study also shows that the variables like attractiveness, expertise, endorser effect, celebrity trap, negative events, product information and consumer manipulation are found to have significantly impacted the purchase intention of consumers towards personal care products.
Keywords: Celebrity endorsement; consumer attitude; personal care products; purchase intention; advertisement.
Modelling supply chain coordination for performance improvement using Analytical Network Process (ANP) based approach
by Rajendra Kumar Shukla, Dixit Garg, Ashish Agarwal
Abstract: In order to improve coordination in supply chain, selection of supply chain coordination mechanism plays an important role. Due to multi-dimensional nature of supply chain problem, selection of right supply chain coordination mechanisms (SCCMs) in a given situation remains a difficult and most challenging task for supply chain managers. In this paper an attempt has been made first to explore various issues pertaining to selection and implementation of SCCMs and finally to create an Analytical Network Process (ANP) based framework to help supply chain managers to take appropriate steps in selection of SCCMs in a given situation. Framework presented in this paper, summarizes the role of market responsiveness, process integration, risk, requirement and flexibility for supply chain performance. The paper explores the relationship among cost, flexibility, quality, service level and lead time to prioritize coordination mechanisms of supply chain for Indian manufacturing companies. The paper concludes with the justification of the framework, which analyses and prioritizes the alternatives using Analytical Network Process (ANP) to improve coordination in supply chain.
Keywords: Analytical network process; Supply chain coordination; Performance measurement; Coordination Mechanisms and Modelling.
Linking Soft and hard total quality management practices: Evidence from Jordan
by Rateb Sweis, Rawan Saleh, Firas I. Mahmoud Saleh, Adel Mohammed Sarea, Islam Mahmoud Sharaf Al - Deen, Disreen Nader Obeid
Abstract: The purpose of this study is to describe the relationship between the two aspects of total quality management (TQM); soft TQM practices and hard TQM practices in manufacturing organizations. A research project was carried out in Jordanian manufacturing organizations, using questionnaire survey. The relationships between the practices are examined through Pearson correlation and simple linear regression analyses. The results showed that the relationship between soft and hard TQM practices is significant. Customer focus has a significant relationship with Statistical Process Control (SPC), while education and training has 2 significant relationships (SPC and continuous improvement). Top management leadership has 3 significant relationships (SPC, continuous improvement and product design). Finally, supplier relationship has significant relationships with all hard practices except process management practice. Hence, Managers of manufacturing companies should realize the important role of hard practice in implementing soft TQM practices successfully.
Keywords: total quality management; hard practices; soft practices; manufacturing organizations; Jordan.
Improving performance of construction projects: multi-cultural perspective
by Maqsood Ahmad Sandhu, Asadullah Khan
Abstract: This paper reveals national culture of the migrant construction employees in the UAE. The study is based on the national culture dimensions proposed by Hofstede. These include the Power Distance Index (PDI), Individualism (IND), Masculinity (MAS), the Uncertainty Avoidance Index (UAI) and Long Term Orientation (LTO). The data was collected through observations, narratives and semi-structured interviews. The research covers multi-cultural construction team members from India, Pakistan, Bangladesh and China. The results show Indian construction employees were having high Uncertainty Avoidance Index (UAI), Pakistani employees showed high Masculinity (MAS), Bangladeshi employees revealed low Long Term Orientation (LTO) and Individualism (IND) and Chinese construction employees showed high IND and LTO. The study suggests that the management of cultural differences may help the successful completion of projects, which could be beneficial for both the migrant sending country and the host country and also for the individual migrant and his family.
Keywords: project management; national culture; multi/cultural; performance; construction projects; construction.
The Role of Workforce Skills Development for Entrepreneurship: An Emiritization perspective
by Khaled Al Kaabi, Maqsood Ahmad
Abstract: The aim of this study is to evaluate the role of skills development in establishing and empowering the workforce resulting into Emiratisation of the labour market in the UAE. A framework for the development of Emirati Workforce is presented with special emphasis on the human developments for the Private sector. This study provides a better understanding of the dynamic processes and special skills required for Emirati workforce. A quantitative approach is adopted to reveal the Emiratisation that confronts many entrepreneurial challenges. The results reveals the need to pursue and develop abilities and skills for the Emiratisation as a key factor for entrepreneurial activity in the Emirate of Abu Dhabi in the United Arab Emirates (UAE). Our findings suggest that Government support for consultancy and advisor services, market conditions and government policies, acquisition and transmission of technology, financing and availability of infrastructure contributes to emiratization. No such comprehensive study was found to have considered impact of such factors on entrepreneurship with special focus on skill development requirements.
Keywords: Skills Development; Entrepreneurship; Emiratisation; Private Sector; Knowledge transfer; Abu Dhabi; UAE.
Embrace, before its too late! Prediction of Future Studies on Value Co-Creation
by Kumkum Bharti, Rajat Agrawal, Vinay Sharma
Abstract: Over the last decade, value co-creation emerged is a strategy for attaining competitive advantage. Marketing literature highlights that owing to a growing academic and practitioners interest in the concept of value co-creation, there is a need to do a comprehensive assessment and synthesis of future direction for research. This article assesses this need and forecast the trends of the academic literature of value co-creation. Mixed method approach is used to construe the findings. In the first phase, selected literature of value co-creation was reviewed to find the prospective studies on value co-creation suggested by the scholars past one decade. In the next phase, seven themes of value co-creation were verified by adopting Delphi technique. Seven themes for future studies on value co-creation are proposed as an outcome of the research.
Keywords: Value co-creation; Delphi Technique; Future direction; Literature review; Marketing.
Marketing Metrics: A Meta-Synthesis
by Shigufta Hena Uzma
Abstract: The aim is to provide a meta-synthesis that identifies the key financial and marketing metrics, which can be linked to firm performance. The paper examines the existing dimensions from conceptual and empirical literature based on the link between marketing-financial metrics to the firm value. An extensive exploration is aimed to excavate the financial and marketing metrics that were analysed from the results from 100 studies published between 1991 and 2016. Emerging studies since the last two decades are equating the effect of marketing assets such as; brand equity, customer based brand equity, customer equity, customer satisfaction and customer lifetime value that can influence firm performance
Keywords: Brand equity; Customer equity; Financial metrics; Marketing metrics; Firm value; Shareholder value.
An empirical examination of collaborative knowledge management practices and organizational performance: The mediating roles of supply chain integration and knowledge quality
by Mahmoud Migdadi, Mohammed Khair Abu Zaid, Mohammed Yousif, Ra'd Almestarihi
Abstract: The purpose of this study is to develop and empirically test a comprehensive framework analyzing the relationship of collaborative knowledge management practices (CKMP) with the overall organizational business performance through two mediating variables; supply chain integration and supply chain knowledge quality. The design of the study is based on a survey of 400 firms from the Jordanian manufacturing sector that are actively involved in inter-firm knowledge management practices with supply chain partners. First a measurement instrument for CKMP was statistically validated with confirmatory factor analysis. Then the structural equation modeling (SEM) path analysis was used to assess the structural relationship of CKMP with supply chain knowledge quality, supply chain integration and organizational performance. The results of the study reveal that engagement in CKMP can lead to better integration between supply chain partners and increased organizational knowledge quality which in turn, can lead to better organizational performance. By identifying collaborative knowledge generation, storage, access, dissemination and application as the major components of CKMP, this study advises organizations on how to collaborate with partner firms on sharing supply chain knowledge. CKMPs positive relationship with knowledge quality and supply chain integration provides organizations with practice-related motivation for engaging in collaborative knowledge management and alerts them to the possibility of other potential benefits from it.
Keywords: Knowledge management; Supply chain management; Collaborative knowledge management; Organizational performance; Knowledge quality; Supply chain integration.
Performance analysis of vehicle assembly line using discrete event simulation modelling
by Akshay Sarda, Abhijeet Digalwar
Abstract: The purpose of this paper is to utilize simulation as a decision making tool in a complex manufacturing setup. A vehicle assembly line at an automobile company in India is modelled, analyzed to help managers to identify the criticality of different parameters. Conveyor speed, operator fatigue and incoming material quality were selected from a pool of parameters which affect the line output. On the basis of Design of Experiments (DOE), experiments were carried out to capture the effect of input parameters on the line output. The results from these were further analyzed using Response Surface Methodology (RSM) and Analysis of Variance (ANOVA).The line output was found to be most sensitive to operator fatigue followed by incoming material quality and conveyor speed. This paper provides a structured approach to analyze the vehicle assembly line in an automobile company and provides a suitable tool to the management to analyze the complex functioning of a manufacturing system.
Keywords: Discrete Event Simulation; Vehicle Assembly Line; ARENA®; RSM; ANOVA.
An Analysis of Physical Disorders of Workers at Construction Site: A Fuzzy-AHP Ranking
by Suchismita Satapathy, Anshuman GAranayak, Swarn Kumar
Abstract: Rapid growth in industrialization process demands higher production rates. Morden technology increases the demand of product and makes industries competitive .To sustain in business human has to interact highly with machines and processs .This relationship between human and machine interaction or ergonomics uses the principle of natural laws of work to solve anatomical & physiological problems between man & machine.Many companies like consturction,manufacturing,mining demands more human interactions.Basically Construction company plays vital role and acts as the building blocks for the development of a country. Improper management in work place will reduce the productivity of construction company and ergonomic performance of various workers. To study the ergonomic performance of workers in heavy working conditiong like construction company a questionnaire-based survey is conducted for body parts and various body movements of Carpenter, Plumber, Welder & Mason. To improve work protection, aviod ergonomic risk factor , to undue physical stress, strain, and overexertion, including vibration, awkward postures, forceful exertions, repetitive motion, and heavy lifting,this study is conducted and workers are ranked by studying their body parts and body movement with multicriteria decision making techniques like fuzzy ahp.
Keywords: Body parts; Body movements; Ergonomics; Construction workers; MSDs; Disorders; FUZZY-AHP.
Using data envelopment analysis to evaluate the performances of food Production companies based on EFQM's criteria and to present an improvement plan
by Abdorrahman Haeri, Marzieh Sadat Rezaee, Siamak Noori
Abstract: In today's world, organizations are always interested in evaluating themselves. This self-assessment can present a common language and conceptual framework for the improvement and management of the organizations. In this paper, first the performance evaluation models including the European foundation quality management (EFQM) model and data envelopment analysis (DEA) are studied. Then, assessment data of 24 food companies are collected through an EFQM model questionnaire. Then the efficiency scores of each organization based on the DEA (CCR) are calculated using Lingo software, in which that, organizations are considered as decision making units (DMUs) and enablers and results criteria in EFQM model are inputs and outputs of DEA model. Then, based on the efficiency scores of each organization, improvement plan with the help of the dual DEA model is presented to increase efficiency scores of inefficient units. Finally, it will be clear that each inefficient unit for improving the inefficiency should focus on which of the criteria.
Keywords: EFQM; excellence model; Data envelopment analysis; DEA; Improvement plan.
Identification of Critical Knowledge Management Enablers for Implementation of KM in Manufacturing Organizations
by Hiteshkumar Shah, Ravi Kant
Abstract: In the globalization of business, Knowledge Management (KM) plays an important role in manufacturing organization to create, build and maintain competitive advantage through utilization of knowledge. The literature review of the performance of KM adoption in manufacturing organization affected by various influencing factors but it is always difficult for the practitioners to improve all aspects at the same time. The aim of this study is to identify critical knowledge management enablers (KMEs) of KM adoption in manufacturing organizations. This study presents a favorable method combining fuzzy set theory and the Decision- Making Trial and Evaluation Laboratory (DEMATEL) method to segment the critical enablers for successful KM adoption in manufacturing organization. The results gathered from the implementation of the fuzzy DEMATEL method are to identify critical enablers of KM adoption in manufacturing organization through six different clusters. Twenty two highlighted as critical enablers out of total forty six enablers for successful adoption of KM in manufacturing organization. The decision makers can apply a phased implementation of these KMEs to ensure the effective KM adoption under the constraints of available resources. This proposed method provides a more accurate, effective and systematic decision support tool for identifying KMEs of KM adoption in manufacturing organization.
Keywords: Knowledge management; KMEs; Fuzzy DEMATEL.
BULLION FUTURES EFFECT ON SPOT PRICES IN INDIA
by Kirithiga S, Naresh G, Thiyagarajan S
Abstract: Traditionally investment in Gold and Silver had been considered as a safer investment however in the recent year investments in these bullion assets increases with the increase in risk factors. The price, return and the volatility factors quite often decides the investment in any asset. The risk of any investment asset is quantified by its Volatility. High volatility risks can be effectively managed by exchange-traded derivatives and the bullion futures contracts are available in various sizes to cater the needs of different stakeholders dealing with bullions. The study seeks to determine the role of volatility in determining the bullion prices for which the daily spot and futures prices of all available Gold and Silver contracts were collected from Multi-Commodity Exchange (MCX) over a period of past 10 years from 2006 to 2015. Volatility measures the errors made while modelling returns which can be captured by applying tools such as Autoregressive Conditional Heteroskedasticity (ARCH) and Generalized Autoregressive Conditional Heteroskedasticity (GARCH). The analysis shows that previous days return information influences todays return volatility in all sizes of contracts for both Gold and Silver. Thus, the study concludes that though commodity spot prices gets information from futures price there was no much influence of volatility information in between them.
Keywords: Derivatives Market; Bullion Futures; ARCH Model; Volatility; Risk Management.
Exploring the factors of green advertising that entices purchase behavior among Bangaloreans
by Sruthi Pillai, Saravanaraj M.G.
Abstract: It needs a great effort to market a green product. Selecting an appropriate media and its reachability is considered as one of the biggest challenges for a marketer. The study aims to identify the most preferred media to deliver a green message to the consumers. It also analyses the impact of message effectiveness, order of the message, attitude and perception towards the green advertising on the purchase behavior of the consumer. The sample collected was 1061 from the major areas of the Bangalore city through stratified random sampling. Statistical tools like Mean score, Kruskal Wallis test, Mann-Whitney U test and multiple regression analysis were used. The findings revealed that television is considered as the most preferred media by the consumers. It was also observed that all the variables, except the order of the advertisement, do have an impact on green purchase behavior. The suggestions have been given based on the findings.
Keywords: Media; message effectiveness; order; attitude; perception; Bangalore.
The Impact of Job Satisfaction, Trust, Gender and Supervisor Support on Perceived Organizational Performance: An Exploratory Study in the UAE Service Sector
by Rachid Zeffane, Shaker Bani Melhem, Priya Baguant
Abstract: In this study, we examine the impact of Trust, Gender, Perceived Supervisor Support and Job Satisfaction on Perceived Organizational Performance. The study focuses on a sample of 311 employees from the service sector in the United Arab Emirates (UAE). The concepts and instruments utilized in the study were borrowed from past research and their reliability was further verified and confirmed through factor analysis and Cronbach reliability tests. We explore four main hypotheses. To test for these, regression analysis was conducted using Process Macro plug-in developed by Hayes (2013). In strong support of the first two hypotheses, trust and job satisfaction were found to have the strongest impact on perceptions of organizational performance. Surprisingly, hypothesis.3 was not verified as supervisor support was found to play an insignificant role in shaping perceptions of organizational performance. In support of the forth hypothesis, gender was found to have a significant moderating effect on the above relationships. Further scrutiny of the role of gender revealed that the impact of trust on perceived performance was much more significant among females. Implications of these findings for future research and management practices are discussed.
Keywords: Organizational Performance; Job Satisfaction; Trust; Gender; Supervisor Support; Age; Service Sector; United Arab Emirates.
Financial Analysis of Companies Concerned about Human Rights
by Katherine Smith, Teresa Betts, L. Murphy Smith
Abstract: Consumer demand for low prices juxtaposing with a companys need for profitability drives corporations to minimize the costs of goods within their supply chains. This has led some unethical business managers to engage in human exploitation within company supply chains. However, consumers also demand that human rights are not violated in the making of the goods they buy. Thus, corporations are being held accountable for monitoring human rights within their supply chains. The purpose of this paper is to examine the financial performance of Fortune 500 companies that have shown concern over human rights within their supply chains. Since there is a financial cost in safeguarding human rights within supply chains, this paper seeks to determine if companies concerned about human rights suffer financial loss. The 92 concerned companies in the sample, compared to the average company in top industries, were found to have some significantly different financial performance ratios.
Keywords: Corporate social responsibility; Supply chain; Supply chain audit; Human rights; Human trafficking; Human exploitation; Work place violations; Social audit; Corporate finances; Strategic management.
Performance Measurement of Revenue Management Systems
by Vinaysingh Chawan
Abstract: Revenue Management (RM) systems help firms in enhancing their revenues by allocating capacity to those customers who value it the most. The revenue enhancement is largely affected by demand, competition, seasonality and other external factors. It is necessary to isolate the effect of such external factors while measuring the performance of RM systems. This paper discusses different ways of measuring performance of RM systems by reviewing the relevant literature, and it discusses the merits and demerits of the currently used performance metrics. It provides a framework for developing performance measurement metrics, and describes how these measures can be used to create a dashboard for monitoring performance of RM systems. The proposed framework considers the perspective of the RM decision makers and customers, and evaluates performance of the RM systems for the forecasting, inventory control and overbooking stages of revenue management.
Keywords: Revenue management systems performance; performance measurement framework; performance metrics; revenue enhancement.
The Impact of the Education Services Quality on Students Satisfaction: An Empirical study at the Business Schools in Joran
by Shafig Haddad
Abstract: The purpose of this study is to identify the impact of the educational services level of quality in the business school of Jordanian Universities, and if students are well satisfied by using and applying those services, and to determine what needs to be done in order to deliver the highest quality services and to make the best educational environment for students and faculty members. The sample of the study was a convenient sample; consisted of business students in Jordanian Universities. The results illustrates moderate quality services provided by the faculties and that it needs to increase its level of quality in all these aspects to get the highest degree of satisfaction from students. Only one item has high degree of agreement which is the students satisfaction and the rest have moderate agreement. The mean of the Physicality is 2.99, Assurance 3.59, Dependability 3.17, Reactivity 3.22, Empathy 3.33, Skills Acquisition 3.23 and the students Satisfaction 3.69. The researchers suggest improving the physical appearance of buildings, classrooms, facilities, provide more teaching equipment and all these tangible materials that can enhance the educational process and the satisfaction of students accordingly, and also suggest to keep and train staff and lecturers on treating students fairly, listen to their needs and address their problems so that the student can feel that he/she the faculty is his/her second family and where he can feel comfortable in. The researchers suggest encouraging lecturers to focus on improving personalities of students and force them to deal with the real market and businesses outside besides to the teaching methods.
Keywords: Action Research; Customer Behavior; Customer Preference; Product Service Systems; Marketing.
Evaluation and Selection of Third Party Logistics Services Providers using Data Envelopment Analysis: A Sustainable Approach
by Nirupam Choudhury, Rakesh Raut, Manoj Kharat, Sankalp Ichake
Abstract: Third party logistics service provider (3PLSPs) selection and evaluation for a long term as well as a strategic partnership is a very crucial and critical task and is continually associated with uncertain challenges. To remain efficient and competent in the dynamically changing world of 21st century, organisations have reinforced their supply networks by building strategic partnership among both local and international suppliers. Purchasing decisions have always been central to supply chains in order to gain organisational competitiveness and hence the agenda of supplier selection and evaluation in organisational decision making is critically important. Adding to these, there are growing concerns from stakeholder for ensuring implementation of sustainability dimensions. The aim of this paper is to measure and compare the relative efficiency of the existing 3PLSPs based on technical criteria and sustainable criteria by using a data envelopment analysis (DEA), to select the best among the 3PLSPs portfolios. Finally, a case study in a manufacturing firm is presented to demonstrate the potential use of the model. The proposed decision support system (DSS) not only assists the logistics manager in the selection and evaluation of different 3PLSPs, but also enables them to understand the complexity of the decision making environment in sustainability. The DEA based model offers flexibility in incorporating new attributes agreeing to socio-environmental norms for sound decision making, thereby improving the reliability of the decision making process in the future.
Keywords: : sustainability; multi-criteria decision making (MCDM); third-party logistics service providers (3PLSPs); data envelopment analysis (DEA); selection and evaluation.
Loyalty programs in the pharmaceutical retail: The impact of a network loyalty program on the pharmacy loyalty
by Helena Nobre, Catarina Rodrigues
Abstract: The paper aims to explore the role of network loyalty programs (LPs) in the pharmaceutical retail industry. A questionnaire, directed to the members of a network LP, was carried out in a community pharmacy, in order to test the various relationships in a conceptual model. Results indicate that the positive effect of program perceived value on store loyalty is strengthened by the existence of program satisfaction and program loyalty, suggesting that a network loyalty program may be a source of competitive advantage for pharmacies. However, due to its nature, a network LP may solely increase sales but not generate true loyalty toward the pharmacy. In that case, firms should rethink their efforts on the program. A clear strategy, consistent relationship marketing initiatives, and an effective communication on LPs value proposition are needed to generate differentiation advantages and commitment toward the program and the pharmacy. Contributions to pharmacy management are offered.
Keywords: loyalty program; community pharmacy; network loyalty program; program perceived value; store loyalty; program satisfaction.
Developing corporate governance in Myanmar lessons learned from corporate governance development in Indonesia
by Martin Surya Mulyadi
Abstract: Recent development in Myanmar show a growing concern of the needs of corporate governance in Myanmar. With enormous economic and political transformation in Myanmar, corporate governance is really important to increase Myanmars economic potential and foreign direct investment. With the hope and expectation of growing economic potential following current transformation in Myanmar, the needs of good corporate governance are inevitable. Similar with other Southeast Asian countries, the most severe problems in Myanmar arise between controlling and non-controlling shareholders instead of problems arise from the separation of ownership and management. This type of problems is referred as type II agency problems. This paper, to my best knowledge, may be among the first paper discusses corporate governance in Myanmar and thus should encourage greater debate and discussion on Myanmars corporate governance. Applying institutional theory and agency theory, this paper provides recommendation to combat type II agency problems and promote good corporate governance.
Keywords: corporate governance; good corporate governance; type II agency problems.
Exploring the antecedents of innovation performance: The roles of entrepreneurial orientation, learning orientation and organizational learning
by Sayyed Mohsen Allameh, Rashid Khalilakbar
Abstract: This paper analyses the effect of entrepreneurial orientation (EO) on learning orientation (LO), the relationship between them and their effect on organizational learning (OL) and innovation performance (IP) in small and medium-sized enterprises (SMEs). A cross-sectional research design, drawing on a questionnaire survey, was employed to collect data from a sample of Iranian SMEs. The results obtained from structural equation modeling analyses revealed that EO positively affects the LO and OL levels in SMEs. In addition, OL was found to be a significant antecedent of innovation performance. These findings have important implications for academies, practitioners, and economic policy makers.
Keywords: Innovation performance; entrepreneurial orientation; learning orientation; organizational learning.
Prioritizing retail service quality determinants: A study in the context of India
by Nirmalya Bandyopadhyay
Abstract: The study explores the service quality of Indian departmental stores to prioritize service quality determinants from the customers perspective. The analytic hierarchy process (AHP) method is employed to achieve the objective of prioritization of service quality determinants. At the dimension level Professionalism was found to be the most important factor, followed by Physical aspects and Policy. On the basis of composite priority, prompt service (0.113) was found to be the most important service attribute followed by fulfill promises (0.094), availability of merchandise (0.078) and timing of service (0.073). The approach adopted in the present study guides the marketer to understand the firms competitive position vis-
Keywords: Retail service quality; Analytic Hierarchy Process; Modified RSQS.
Infusing functional agility in pump industry by using Bluetooth enabled mobile phone
by V.M.M. Thilak, S.R. Devadasan, M. Vinod, D.T. Sunil
Abstract: Infusing functional agility refers to the task of developing products that are incorporated with innovative features and state of the art smart technologies for delighting the customers who would possess and use them. In the research reported in this paper, the nuances of applying mobile phone enabled Bluetooth technology for infusing functional agility characteristics in pump industry was investigated. In this endeavor, a prototype to be connected to a type of pump called shallow well jet pump was designed and fabricated. In the mobile phone unit, an application called smart jet pump was developed. Interactions were developed between the Bluetooth modems installed in both prototype and mobile phone. Using the application installed in the mobile phone, the user can remotely operate the pump and know the liquid levels in both sump and the tank. These functional agility characteristics were found to be practically feasible and economical for adoption in pump industry.
Keywords: Agility; Agile manufacturing; Pump manufacturing; Bluetooth technology; Android operating system; mobile phone.
The first Decade of Service Dominant Logic Research A bibliometric analysis
by Sergio Vinhas Da Silva, Nelson Antonio, Jose Crespo De Carvalho
Abstract: This paper provides an overview of the first decade of literature regarding the service-dominant logic (S-D logic) marketing stance, following a multi-step analysis approach with the implementation of bibliometric methods was carried out. With 1036 records initially identified, followed by two refinement stages, resulting in a total of 540 records, characterized by publications from 975 authors, published in 162 journals. The implementation of a quantitative statistical analysis identified the leading academic institutions and journals in this particular field of research, revealing its characterization, in terms of types of publication, its geographical distribution, and yearly output, where four clusters of journals in regards to their output versus citation impact were identified, where six journals divided in two groups emerge as the leading journals in the field of S-D logic.
Keywords: Service-dominant logic; bibliometric studies; citation analysis; journal impact.
INCREASING RELIABILITY & PRODUCTIVITY IN HYPERMARKETS BY QUEUING THEORY ANALYSIS & A SMART SHOPPING CART BASED SYSTEM
by Yeshwant Raj S, Karthee K, S.KALYANA SUNDARAM, NISHAL M
Abstract: One of the bothering and unavoidable things in most of the shopping centers is billing. This paper focuses on developing a alternative methodology to the existing ones in order to make the shopping experience much more enjoyable. For this purpose, various time factors involved in the existing process are analysed using time study and queuing theory. With help of results, a new methodology is proposed which in turn increase the productivity, swiftness of shopping. The proposal is to departmentalize the billing process and implant smart billing concepts like localized self initiated billing counters or customized trolleys to bill products. It is intimated that these new implantations would decrease the time involved in queuing and billing thus leading to a new time study. The cart is being designed using CREO 2.0 software, which would express the realistic 3D view of the shopping cart. In this composition, proposed system will employ the technology of wireless sensing devices in a supermarket by introducing smart shopping carts (trolleys fitted with barcode scanners), which will help in automated billing process. The system design with an experimental setup is delivered and the reliability and the cost-effectiveness of the process are also evaluated. With the burgeoning role of wireless sensing devices such as bar-code scanners, the applications of the same can be extended to the consumer market such as a supermarket where manual-billing process becomes cumbersome and at the same time involves a hefty waste of time and labor. The fact that the time taken by the customer standing in the queue is saved as well as the productivity of the seller is also significantly reduced implies that this system is fair and attractive to both the buyer and the seller.
Keywords: Hypermarket – queuing – barcode - wireless sensors – reliability - Productivity.
People Process Excellence and Business Outcomes A Structural Equation Modeling based analysis
by Krishnamurthy Kothandaraman, T.J. Kamalanabhan
Abstract: People Capability Maturity Model (PCMM) developed by Carnegie Mellon is one of the foremost business excellence models in the people management area and this model has been extensively applied in the technology services industry. This paper attempts to link through a conceptual framework the various people process excellence variables of PCMM to the state of organizational maturity attained as well as the consequent business outcomes. The framework has been validated empirically with data from 521 participants in the technology services industry in an emerging market context. Confirmatory Factor Analysis techniques have been used to validate and develop a measurement model. Such a model is further refined using basic Structural Equation Modeling (SEM) techniques to make it more robust. The results of SEM are critically evaluated in comparison with corresponding regression modeling results. The findings of this research study validate that people excellence variables positively influence organizational maturity and this further leads to beneficial business outcomes across staff, firm and customer dimensions.
Keywords: People Process Maturity; Business Excellence; Organizational Maturity; SEM; PCMM; Business Outcomes.
Study on liquidity of Indian banks: An empirical analysis of scheduled commercial banks
by Anamika Singh, Anil Kumar Sharma
Abstract: We study the impact of profitability, net interest margin, non-performing assets, capital adequacy ratio, bank size, deposits and cost of funding on liquidity of Indian banks. To examine this relationship, we have taken annual data pertaining to 64 Indian banks from the period 2000 to 2014. Banks considered include all private, foreign and public sector banks operating in India from 2000 to 2014. Using fixed effect estimates, we find that capital adequacy ratio, deposits and profitability influence Indian bank liquidity positively while bank size, non-performing assets and net interest margin affect Indian bank liquidity negatively. Cost of funding does not affect liquidity of Indian banks significantly. Findings of our study have significant implications for bankers, policy makers and researchers advocating the relationship of liquidity and factors such as bank size, profitability, net interest margin, non performing assets, capital adequacy ratio, cost of funding and deposits and highlighting the possible reason behind that. The study would help in appropriate policy formulation, decision making and maintaining adequate liquidity in the banking system.
Keywords: Bank size; Profitability; Non-performing assets; Liquidity; Fixed effect estimates.
Investigation and analysis of public speaking skills of engineers using DMAIC path
by Nikhil K. Mehta, Diana Purushothaman, Srikar Chennamsetty
Abstract: Literature suggests clear need to work on the public speaking skills of engineers. In such pursuance, pedagogies involving active experimentation and reflective observation have been valued. In this endeavor, an effort was made to design such a pedagogy. DMAIC principles (Define, Measure, Analyze, Improve, and Control) were used to reduce the variations in associated human fallibilities. Quality circles were created to establish benchmarks, accurate goals, and reduce variations in human fallibilities in public speaking. Association between treatment and performances of engineers were determined using nonparametric tests. Against 1320 total opportunities given to 55 engineers, percentage yield was found to be 38.71% at process sigma of 1.21.
Keywords: Six Sigma; DMAIC; Public Speaking; Communication Pedagogies; Engineers;Anxiety.
A study on performance of telecom service market: Case of Karnataka, India
by Sadhna Shukla, T.N. Roopa
Abstract: The purpose of this study is to develop a performance model for telecom service providers to evaluate their performance in the telecom service market using non-financial indicators such as customer perceived network quality, service quality perception, customer care services, customer satisfaction and overall brand equity. Structural equation modelling was used to analyse the data collected from respondents of Karnataka telecom circle. The main findings of the study indicate that customer satisfaction, customer perceived network quality, service quality perception and customer care services positively influences performance of the telecom service market. There are few related studies with the non-financial indicators and their influences on the performance of telecom industry. In this paper, attention is paid to construct a performance measurement model using non-financial performance measures in Indian telecom service market. This study offers insights for telecom service providers to understand the non-financial determinants of performance.
Keywords: Customer perceived network quality; Customer care services; Customer satisfaction; Overall brand equity; Service quality perception; Telecom Circle.
Comparing the Life-Cycles of Service Sales Between Buyers and Sellers in
Business Relationships Through a Teleological Lens.
by Rocio Rodriguez, Goran Svensson, Sergio Nicolas
Abstract: Purpose: To compare the life-cycles of service sales between buyers and sellers in business relationships by means of teleological approaches: transformative ad hoc and present-based actions; formative pre-determined and past-based actions; and rationalist goal-directed and future-based actions. Design/Methodology/Approach: A quantitative case study approach was applied; based on 57 service sales in business relationships between a software provider and private hospitals in Spain. Findings: The life-cycles of service sales between buyers and sellers in business relationships turn out to be different, when viewed through the lens of teleological approaches. The sellers life-cycle starts with a formative stage, followed by rationalist and transformative stages. The buyers life-cycle begins with a transformative stage, followed by formative and rationalist ones. Both end with a formative stage. Research Implications: Teleological approaches enable a framing of the different life-cycles of service sales between buyers and sellers in business relationships. They also stress the need to be aligned, so as to maintain a prosperous business relationship. Managerial Implications: The teleological stage of both negotiators (seller and buyer) affects individual interest in achieving the best potential deal for the respective organisations, as well as the quality of the negotiation. The companies must know what teleological approach their employees are following, in order to achieve the best results. Originality/Value: This study adds a complementary theoretical perspective on the life-cycles of service sales between buyers and sellers in business relationships.
Keywords: teleological approaches; sales; service encounter; B2B.
The Effect Effectiveness of Human Resource Management Practices on Organizational Effectiveness (Case study: Isfahan Petrochemical Company)
by Hadi Teimouri, Seyed Hasan Hosseini, Marzieh Imani, Ensieh Bagheri
Abstract: The main objective of the present survey is to study the Effect Effectiveness of Human Resource Management Practices on Organizational Effectiveness. It is applicable from objective aspect and descriptive- field- cor relational from methodological aspect. The statistical population included all experts and managers of the Isfahan Petrochemical Company. The stratified random sampling method was employed for sampling and the sample size was estimated equal to 140. The required information on research literature was collected using historical study (academic books and journals) and the data required to confirm or reject the hypotheses was collected via researchers self-made questionnaire with acceptable reliability and validity. The results disclosed that there is a positive and significant relationship between effectiveness of human resource management actions in various fields of training, selection and recruitment, compensation and performance evaluation with organizational effectiveness
Keywords: Effectiveness of Human Resource Management Practices; Organizational Effectiveness; Isfahan Petrochemical Company rnrn.
Does the change of income tax rates lead to income smoothing practices in a sound corporate governance environment?
by Martin Surya Mulyadi, Yunita Anwar, Monica
Abstract: Income smoothing alters revenues from one year to another due to several motivations. Prior research documented that taxation issue may motivate the company to smooth its income. Furthermore, it also well documented that corporate governance can avoid income smoothing practices. However, on the contrary, we did not find that change of income tax rates in Indonesia and Singapore leads to income smoothing in both countries. Furthermore, we also conclude that only selected corporate governance mechanism serves as an effective barrier to income smoothing practices. We also find several contrary findings of corporate governance mechanism that may be caused by big number of publicly listed family companies both in Indonesia and Singapore.
Keywords: income smoothing; income tax rates change; corporate governance.
Influence of Human Resource Practices on Facultys Intention to Stay in Higher Education Management Institutes
by Anchal Gupta, Gomathi Shanmuga Velayutham
Abstract: This research article attempts to study the influence of human resource practices namely, work environment, compensation, training and development and organizational support on facultys intention to stay. A survey was conducted using convenience sampling method wherein 150 questionnaires were distributed to faculty members working in higher education management institutes in Delhi, India. The completed questionnaires that could be used for analysis were of 102 respondents. Data analysis was carried out using descriptive statistics, categorical regression, part and partial correlation. Compensation depicted most significant influence on facultys intention to stay with the institution. Work Environment and Training and Development also exhibited a positive correlation with intention to stay. The study highlights the need for education institutes to focus on providing a healthy work environment, competitive compensation and skill development of faculty members leading to an enhanced research and teaching which thereby would help institutions to grow and progress in management education.
Keywords: Human Resource Practices; Compensation; Work Environment; Training and Development; Organizational Support; Intention to stay.
A Decision-making Framework to Evaluate the Necessity of Corporate Restructuring
by Imaneddin Moradi Baghfeizi, Hossein Rahmanseresht, Saeed Fathi
Abstract: This paper aims at presenting a 3 x 3 matrix to determine the structure of a holding company based on the degree of diversification and parenting style. Non-conformity of structure with this framework means that a restructuring is necessary. Three hypotheses have been tested to evaluate the validity of this framework. The first two hypotheses respectively assess the association between the "degree of diversification" and "parenting style" with "structural form" based on Chi-square test. But to test the third hypothesis, the holding companies compliance with the framework is divided into two groups and Mann-Witni (U) test shows that there is a significant difference between their performances. Based on Sharp's index, the economic performance of the holdings which are consistent with the framework, over a period of 5 years, is about 11 times better than non-conformers with the framework.
Keywords: Holding Company; Corporate Restructuring; Structural form; Degree of Diversification; Parenting Style; Economic Performance; Parenting Advantage.
Workaholism and Bank Employees Well-being: An Inside Look
by Jyoti Sharma, Parul Sharma
Abstract: The present study has been designed to examine the impact of different components of workaholism on employee well- being both at professional and personal front. Data was collected from 100 employees working in public and private sector banks of Jammu (India). Six dependent variables, namely, work to family interference, family to work interference, career satisfaction, family satisfaction, job satisfaction and mental, spiritual and emotional well-being were regressed with working excessively, working compulsively, overwork and combined workaholism (working excessively and working compulsively). The composition has identified that work to family interference and family to work interference is positively correlated with working excessively and combined workaholism whereas, family satisfaction and mental, spiritual and emotional well-being is negatively correlated with combined workaholism and working excessively workaholism. The study has also revealed that job satisfaction and career satisfaction were positively correlated with working compulsively workaholism while family satisfaction is positively correlated with overwork.
Keywords: Working Compulsively; Working Excessively; Combined Workaholics; Banks; Multiple Regression; Work to Family Interference; Family to Work Interference; Career Satisfaction; Family Satisfaction; Job Satisfaction and Mental; Spiritual and Emotional Well-Being.
Green HRM - A study on the perception of Generation Y as prospective internal customers
by Christine Dlima, Nisha Jain
Abstract: Businesses have realized that they have to develop a powerful social conscience and green sense of onus where corporate responsibility is not an altruistic nice to have, but a critical business need. The HR function can become the driver of environmental sustainability within the organization. There is a need for the integration of environmental management into Human Resource Management and to meet that the HR Professionals are helping the companies to craft and execute eco-policies and strategies. The Green Human Resources Management (Green HRM) has begun to appear from companies engaging in practices connected to preservation of environment and maintaining ecological equilibrium. Going green is a relentless underlying attitude for Generation Y. Theyre budding into a pragmatic generation that wants to make the world a better place. Going green is holding everybodys attention, especially the youth. This research study provides an understanding of Gen Ys green HR mindset by presenting a holistic picture using available literature, interviews and factor analysis. This paper will provide insight about the degree to which Gen Y cares about health of the planet earth and Gen Ys perception about the organizations practicing green Hiring practices, performance Management and reward & recognition, the key factors evolved from the study. The data collected in the research is studied, analyses are discussed, and the paper closes with strategic recommendations based on the results.
Keywords: Environmental Management; Green HRM; Hiring; Performance management; Reward & Recognition; Generation Y.
Perceived justice in performance appraisal among Vietnamese employees: antecedents and consequences.
by Phuong Tran Huy
Abstract: The current study investigates the antecedents and consequences of perceived justice in performance appraisal (PA) among Vietnamese employees. Although PA are popular in Vietnam, few research to examine the effectiveness of PA practice in Vietnamese company has been reported. This research explores the issue of justice in PA from the employee perspective. Cross-sectional data were collected from full-time employees at various organizations who are enrolling in night-time master courses using self-reported questionnaires which yielded a final sample size of 546 observations. Results of multiple regression analyses indicate that participative PA, PA training, trust in rater and the use of forced distribution ranking system have been found to influence the perception of procedural and distributive justice in PA. Perception of procedural and distributive justice in PA, in turn, significantly impacts intention to stay with the organization. The relationships between perceived justice in PA and job performance, however, are partly in contradiction to previous predictions. While perceived distributive justice in PA strongly influence, perception of procedural justice does not influence job performance. Discussion of results and implications are also detailed.
Keywords: Procedural justice; distributive justice; performance appraisal; Vietnamese employees.
Designing a Model of Succession Management System and Explaining its Impact on Organizational Performance (Case study: Isfahan Steel Company)
by Seyed Hasan Hosseini, Ali Shaemi Barzoki, Ali Nasr Isfahani
Abstract: There is no single agreed-upon comprehensive theoretical framework available in the literature on succession. This study aimed to achieve a comprehensive framework in the field of organizational succession management in order to optimize an organization's potentials to enhance business results. Mixed method was used in this study. The population consisted of quality unit, experts, and senior managers in Isfahan Steel Company. Nineteen subjects were selected using snowball- purposive sampling and participated in semi-structured interviews. The qualitative data analysis was conducted using thematic analysis according to a 3-phase coding method developed by Brown (2006) in the Nvivo Software. In quantitative part, the study sample consisted of 106 company managers, supervisors and experts being selected using cluster sampling during summer 2016. Quantitative data analysis was run using structural equation modeling in Smart-PLS software. The findings suggested that the establishment of a succession management system contains seven main themes occurring gradually and procedural: Organizational culture promotion, establishing infrastructures to make implementation, committed and systematic implementation, determining policies, evaluating candidates to establish meritocracy system, educational gaps analysis, staff development and succession planning system evaluation .In quantitative part in order to implement the model designed in part qualitative and to explain its impact on organizational performance, the required data was collected using valid and reliable questionnaires. The results indicate that there is a positive and significant relationship between the succession planning system and its seven dimensions with organizational performance at the 95% confidence interval.
Keywords: Succession management system; Balanced scorecard-based organizational performance; implementation and assessment of succession planning system.
Roadmap for Business Analytics Implementation using DIPPS Model for Sustainable Business Excellence: Case Studies from the Multiple Fields
by Nandkumar Mishra, Santosh Rane
Abstract: Today the organizations are increasingly adopting analytics for breakthrough business results. There are enough talks about potentials of business analytics, software solutions on analytics and data visualisations. However, very few success stories are published and easily available in public domain. The focus is required to translate potentials of analytics into the breakthrough business results. This paper proposes DIPPS (Discover- Innovate- Predict- Perform- Sustain) model for the business excellence through analytics. It also presents success stories of big data analytics and Industrial Internet of the Things (IIoT) from the multiple fields for the breakthrough business results. The hypothesis testing indicates that the organizations deploying the DIPPS model have higher success rate and the probability of achieving their analytics goals.
Keywords: Artificial Neural Network(ANN); Business Analytics; Breakthrough Business Results; Business Excellence; Chi Square test; Delphi Method; DIPPS (Discover- Innovate- Predict- Perform- Sustain) model; Hypothesis testing; Analytics Maturity Assessment Tool; F- test and t- test; Industrial Internet of the Things (IIoT); Logistic Regression Model and Multiple Regression Model..
Does Perceived Travel Risk Influence Tourists Revisit Intention?
by Arun Kaushik
Abstract: Tourism industry of any country is strongly impacted by dometic as well as external events or issues, such as natural calamity, diplomatic relations, political conflicts, disease outbreaks, environmental issues, and economic crisis. In developing countires where tourism is one of the major sources of national income, these events or issues can seriously affect the industry. Despite the significance of perceived travel risk, few studies addressed its influence on revisit intentions of tourists. The present study offers new insights by investigating the effects of perceived travel risks on revisiting intentions of the 374 tourists visiting Uttarakhand, India. This study was conducted during July 2013 to September 2013, just after Kedarnath incident - major natural diaster. Data were gathered from tourists through a survey instrument. Following analysis of data, multiple risk dimensions seriously affecting revisit intentions of tourists were identified. Important managerial implications concerning the management of risk perceptions were discussed.
Keywords: Perceived Risks; Revisit Intentions; Tourism Industry.
Antecedents of co-creation intention and their role in developing technology based new services via customer involvement: A conceptual analysis
by Bijoylaxmi Sarmah, Zillur Rahman
Abstract: Although many companies are using technology based services (TBS) to support service innovation, academic research on involving customers for co-creating new services is very limited. Many companies find it challenging to develop co-creation intention among customers during service innovation practices, as they vary from one to other based on their characteristics and depending upon situational factors. In this study, we try to explore the constructs related to customer characteristics and situational factors that are highly pertinent to co-creative service innovation in TBS research such as: personal innovativeness, trust, customer involvement and co-creation intention in order to show their relational linkages with the help of propositions and a conceptual framework. A systematic review of the relevant literature is used for developing propositions for the constructs and their relationships. The findings conceptualize relevant traditional and contemporary issues of co-creative service innovation in technology based service (TBS) literature and explore the significance of relationships between antecedents such as personal innovativeness and trust with the outcome- customers co-creation intention. The research insights will be useful for academicians and managers to focus on the antecedents of co-creation intention to better address co-creation activities in new service development practices. Future research may undertake empirical approach to validate or revise the propositions presented in this conceptual paper.rnrn
Keywords: Co-creative service innovation; TBS; co-creation intention; conceptual framework.
Measuring the service quality of automated teller machines: a Study of banks of India
by Sanjay Dhingra
Abstract: The measurement of service quality has become important after increased competition in banking sector. Over the years banks have taken lot of technology initiatives such as core banking, Automated Teller Machines (ATMs) installation, internet banking, phone banking mobile banking, data warehousing solutions etc. Use of ATMs has become the preferred channel of banking as compared other banking channels. With this in mind, in the present study, author has measured the service quality of ATMs of Indian banks. After review of literature, SERVPREF instrument derived from SERVQUAL instrument, consisting of five dimensions of service quality i.e. tangibility, reliability, responsiveness, assurance and empathy was selected for measuring the service quality. The reliability and validity of the instrument were also tested. Regression results indicated that five dimensions of service quality are significant predicator of overall service quality.
Keywords: Automatic teller machine; SERVPREF; reliability; validity; regression.
Political Skill as Mediator of the Upward Influence and Career Success Relationship
by Shakti Chaturvedi, P.C. Bahuguna, Juhi Raghuvanshi
Abstract: It is more than two decades since social influence researchers have called for a study that would investigate how and why upward influence are effective to gain career success at the workplace. Career success is determined by a number of factors, including some combination of specific competencies and a performance record, along with organizational politics, specifically upward influence tactics. Theory and research suggest that employment of upward influence tactics leads to career success in the workplace, and the present study tried to investigate mediating potential of political skill for upward influence-career success relationship. These hypotheses were tested on 352 middle-level managers selected from four Iron and Steel firms of Raipur, Chhattisgarh, India. Contributions, implications, limitations and future directions are discussed.
Keywords: Career Success; Upward Influence Tactics; Political skill; Social Influence; Organizational Politics.
A study on Emotional Intelligence Well-being and Emotional Baggage Perspective
by Anchal Gupta, S. Gomathi
Abstract: Businesses are essentially the people in it, so anything that influences the effectiveness of their minds also has its impact on businesses they run or work for. Emotional Intelligence has now been branded as a trait required for any employee in an organization. Emotions play a deciding role in the quality of our personal and professional lives, more than our actual brain intelligence. The scope of the study focuses on young employees as they are more volatile and fail to recognize the need for Emotional Intelligence and its role in Wellbeing. This study throws light on handling of their emotions by employees and its impact on personal wellbeing. It also aims in finding the key influencers of emotional Suppression. For the study 100 samples were collected from young IT sector employees working in Chennai using convenience sampling. Well-structured questionnaire was used to collect the data from the respondents. The data was analyzed using SPSS. The study shows that EI and its dimensions have a significant effect on Wellbeing. And emotional intelligence and wellbeing scores of respondents can be used to determine their level of Emotional suppression.
Keywords: Emotional Intelligence; Emotional Suppression; Wellbeing.
Corporate social responsibility practices in Malaysian automotive suppliers: Confirmatory factor analysis
by Nursyazwani Mohd Fuzi, Nurul Fadly Habidin, Sharon Yong Yee Ong
Abstract: The aim of this study is to examine corporate social responsibility practices in Malaysian automotive suppliers. 288 sets of questionnaire were successfully collected which indicated a 72% response rate. In this study, structural equation modeling technique was utilized to perform the required statistical analysis of the data survey. The results of six constructs (employee involvement, customer focus, environment, corporate governance, community and society, and human right) showed that the measurement model for corporate social responsibility practices had a good fit and the model valid and reliable for Malaysian automotive suppliers. The paper with a proposed future direction ends of this research.
Keywords: Corporate social responsibility; employee involvement; customer focus; environment; corporate governance; reliability; validity; structural equation modelling; confirmatory factor analysis; automotive suppliers.
Communicating Internal Customer Orientation Values among Chinese Workers
by Gangyi Qian, Abraham Nahm
Abstract: This research examines the effect of various modes of communication upon internal customer-oriented values internalization and manifestation among Chinese workers. Three modes of communication are examined: top-down communication from management, lateral communication from internal customers, and group behavioral norms and organizational culture among peers. Questionnaire items were initially developed in English and translated into Chinese. 177 useable responses were gathered from Chinese students registered in MBA and EMBA programs offered by Jinan University, China. While top-down communication from management and group norms of peers had both direct and indirect positive effects upon internal customer-oriented values internalization, lateral communication from customers had only an indirect effect. All three modes of communication had only an indirect effect upon internal customer-oriented behavior manifestation. While these results show the value of various modes of communication to the internalization and manifestation of internal customer-oriented values, the ways in which each mode of communication influences the outcomes were not the same. Implications for managers and researchers are included.
Keywords: Internal customer orientation; communication; Chinese workers; survey research; structural equation modeling.
Contemporary ERP solution to Indian small and medium scale enterprises through constructive performance metrics
by BALASUBRAMANIAN KANNAN, Selladurai Velappan
Abstract: Enterprise resource planning (ERP) is a real-time information system, and they reached within the business processes and performed to regularise supply chain enhance to improves its company value. Many journals revealed that there are various organisations which have failed to achieve the full planned benefits become lack of focus on functions and operations metrics for implementing enterprise software. It makes the company in finding a new foundation for the system and individual strategic instance from selections to implementation need various precautions that to be taken. This paper accomplishes a performance metrics project that they execute to identify the associated critical success factors from considering the perspective areas of manufacturing and operation measure in a small and medium industry. Thus helps to understand the weakness and strengthen before the initial stage of implementation will be deployed. The important factor is to integrate operation and function in an individual system lead to perform successful ERP implementation. However, company measuring metric reports reduces the unwanted risk factors when implementing these systems and also provides more guidelines for planning for new ERP software in Indian SMEs.
Keywords: Enterprise Resource Planning; Performance Metrics Project; Manufacturing and Operation Metric; Small and Medium Industry.
CREATING AN HONEST, TRANSPARENT AND PRODUCTIVE WORKPLACE
by JEHANGIR BHARUCHA
Abstract: Transparency within an organization is the driving force, which connects all the employees. Achieving employee loyalty proves to be an elusive goal for many companies. Transparency ought to be an ongoing process with ongoing results. On the basis of a structured questionnaire circulated in the city of Mumbai, the study aims to establish a connection between work place transparency and productivity and the impact on the employees and the organization as a whole.rnKeywords: organizations, transparency, productivity.
Keywords: organizations; transparency; productivity.
Quality and reliability improvement in new product development - A case study in a pneumatic filter manufacturing company
by M. Natarajan, N. Vijay Mohan, S.R. Devadasan, V.M.M. Thilak
Abstract: The objective of the research reported in this paper was to develop a methodology for developing new products with high degree of quality and reliability. In order to attain this objective, a model named QUARNEWSS (QUA stands for quality, R stands for reliability, NEW stands for new product and SS stands for Six Sigma) was developed while pursuing the research. QUARNEWSS was designed by amalgamating new product development (NPD) process with the two pillars of the Six Sigma concept namely belt based training infrastructure and DMAIC (Stands for Define, Measure, Analyze, Improve and Control) improvement methodology. After designing, QUARNEWSS was subjected to implementation in a pneumatic filter manufacturing company situated in India. QUARNEWSS was applied on a new product called micro filter in this company. At the end of conducting this case study, the Sigma level of micro filter was found to increase from 2.585 to 6 and reliability from 65% to 100%. This paper is concluded by suggesting the conduct of many more case studies on QUARNEWSS involving indigenous development of new products.
Keywords: Six Sigma; New product development; DMAIC; Black belt; Quality and Reliability.
CSR Activities of a Hospital: Perspective of Stakeholders
by Nachiketa Tripathi, Manaswita Bharadwaja, Vinit Ghosh, Bidyut Bikash Kataki
Abstract: The present research investigates the gaps between CSR projections of a hospital and stakeholders perceptions about these CSR activities by analyzing multi-source data of stakeholders. Two sets of studies were conducted, namely, Study A (quantitative) and Study B (qualitative). Study A was based on survey method which assessed the perceptions of stakeholders, namely, community (N=100), customers (N=75) and employees (N=40). An equivalent Assamese version of the questionnaire was constructed for the convenience of the local population. Study B used interview method to evaluate the CSR projections of the hospital. Data for Study B were collected from the top management of the hospital using key informant approach. Both the quantitative and qualitative sets of data were analyzed individually and results of qualitative study were used to augment the results of quantitative study. The findings suggest that gaps exist between the hospitals CSR projections and perceptions of local community, whereas the perceptions of customers and employees converge with hospitals claims.
Keywords: CSR; Hospital; Stakeholders; Branding; North-east India.
Problems and Prospects of Indian MSMEs: A Literature Review
by Davinder Singh, J.S. Khamba, Tarun Nanda
Abstract: MSMEs have been playing an important role in overall economic development of a country like India where millions of people are underemployed or even unemployed. This sector solves many problems viz. poverty and unemployment through providing immediate and large-scale employment, with lower investments and proves to be a second largest manpower employer, after agriculture. Small scale industry is one of the major planks of Indias economic development strategies since Independence. With the advent of planned economy since 1951 and the subsequent industrial policy followed by Government of India, both Government and planners earmarked a special role for this industry in the Indian economy. India, being one of the fastest growing economies of the world, needs to pay an honest attention for the utmost growth of MSMEs for its increased contribution in above areas. The present study investigates the literature to identify major problems faced by MSMEs in the competitive environment. It also focuses on the factors contributing towards enhanced manufacturing performance of Indian MSMEs.
Keywords: Problems; Technology Innovation Initiatives; MSMEs; Manufacturing Performance.
Whether service quality determinants and customer satisfaction influence loyalty: A study of fitness services
by Nirmalya Bandyopadhyay
Abstract: This study attempts to explore the dimensions of consumer perceived service quality in the context of fitness services provided by gymnasiums and investigate the relationship among service quality, loyalty and overall satisfaction of consumers from the fitness service. A 16-item instrument (SERVGYM) was developed by modifying SERVPERF instrument to measure service quality in gymnasiums in four major cities of India. The scale was validated using confirmatory factor analysis. Structural equation modelling technique was employed to assess the relationship of service quality with loyalty and overall satisfaction of consumers. Four service quality dimensions were identified namely, reliability, customer-orientedness, convenience, and ambiance. All the service quality dimensions were found to have positive influence on both satisfaction and loyalty. Positive relationship between satisfaction and loyalty was also established. The scale contextualised to Indian fitness service (Gym) industry is useful to measure service quality in gymnasiums. Understanding of the service quality dimensions and their relationship with loyalty and customer satisfaction is also significant
Keywords: Loyalty; customer satisfaction; service quality perception.
Evaluating knowledge management maturity: a case study of a service operations company
by Eliel O. Santos, Guilherme F. Frederico
Abstract: Knowledge Management KM has become important focus for organizations in the current context. This is more relevant for companies specialized in BPO Business Processes Outsourcing. The correct understanding of KM practices development stage is essential for practitioners who aim to establish improvement plans in order to achieve higher levels of performance based on KM issues. Maturity evaluation can provide real scenario in terms of development level of KM practices. Taking this into consideration this study will bring the findings from a case study method applied on a BPO Company in Brazil. An improvement plan will be proposed as solution for KM issues identified at the company. Besides provide a guide for practitioners in terms of maturity evaluation this study also brings important contribution for KM theory and in specific maturity management.
Keywords: Knowledge Management; Maturity; Business Process; Service Operations; Case Study.
Developing a typology of customer misbehaviours (case study - hotel industry, Iran five stars hotels, Homa, Parsian Azadi, Esteghlal, Evin)
by Mahsa Akbari
Abstract: The aim of this study is to explore and identify the different types of customer misbehaviours from service providers' side (hotel employees) in hotel industry. This paper contributes to elucidate the salient type of customer misbehaviours which have been prevalent in Iran. Data were collected by semi-structured in-depth interviews & narratives of service employees of five starts hotels in Iran using Critical Incident Technique (CIT) (n=60) and then analysed through ATLAS software. Thematic coding was used to identify emergent themes and patterns of consumer misbehaviour. Thematic coding resulted in a comprehensive typology of customers' misbehaviour and identified two main categories of consumer misbehaviour (interpersonally directed & property directed) which interpersonally directed divided into five subcategories: verbal aggression, physical aggression, refusal to participate, illegitimate complaints and needless engagement and property directed misbehaviour classify into theft, vandalism & sabotage and fraudulence behaviour. These misbehaviour are now further explored in this study. The results of the findings contribute to identify the most common types of misbehaviour during the interactions.Design/ Methodology: A critical incident technique was adopted to collect and analyse the qualitative data from service employees who work on five starts hotels in Iran. Summary of statement of contribution: The novelty point of this study is to illuminate the different type of customer misbehaviour in hotel industry in Iran for the first time. Furthermore, no study has been observed to explore different type of misbehaviour in hotel industry. We believe this study complements the existing research by extending and bridging on misbehaviour in hotel services.
Keywords: consumer misbehaviour; Hotel industry; Qualitative research; CIT; Typology.
The interaction and significance of inventory turnover ratio of Indian pharmaceutical firms to the total assets and capital work in progress
by Umang Gupta, Rameh Anbanandam
Abstract: We have addressed the problem of inventory and its relation to financial items. Here the data generated in the financial year 2015-2016, has been passed through research scrutiny and statistical analysis. The aim was to test whether the aforementioned items of inventory turnover, total assets and capital work in progress often cited together in supply chain management literature are related the same way in healthcare.
Keywords: healthcare; healthcare supply chain; inventory.
Investigating the Gender influence on Technology Adoption Model (TAM) towards Smart Phones Evidences from Emerging Economies
by Sakkthivel Annamalai Manickam, Ramu Nilagiri
Abstract: The paper investigates the influence of gender (male and female) over Technology Acceptance Model (TAM) towards using smart phones. The study conducted in Sultanate of Oman among 296 smart phones users (male and female). The study used SEM approach to identify the influence. The results are (1) Gender (male and female) elicit a negative influence over perceived usefulness towards using smart phones (2) Male respondents elicit a positive influence over perceived ease of use (3) Female respondents elicit a negative influence over perceived ease of use. The model revealed the male influence over perceived ease of use towards using smart phones.
Keywords: Technology Acceptance Model; Perceived Usefulness; Perceived Ease of Use; Gender Influence; Structural Equation Modelling; Sultanate of Oman.
Barriers to Reverse Logistics Practices in Pharmaceutical Supply Chains: An ISM Approach
by Haidar Abbas
Abstract: The essence of supply chain management lies in the movement of resources in the best possible manner with respect to time, money and efforts. For products supply, the principle says that right product in right quantity with right quality should reach the right customer at right time, right cost and right place. This only took care of forward flow of product and information without mentioning the exceptional/likely backward flow (i.e. from destination to source). The product is likely to come to the destination for any of the reasons; dissatisfaction/defect/non-performance/servicing/ repairing/after use disposal. This important issue could attract the attention of academicians as well as practitioners as late as around 1980s. However, practicing this reverse chain for the likely reasons is also not free from obstacles. Lack of financial resources, lack of technological advancement, lack of commitment of top management, lack of awareness about the legislative measures, higher cost of facilities installation, higher operational costs are only some of the key barriers explored from recent and relevant previous studies. Identification, classification and preparation of suitable proactive treatment strategy become the responsibility of the top management for taking better decisions. Researchers are making an attempt in this direction in the context of Indian pharmaceutical supply chains as they could not find any such study which provided a holistic view of the barriers that impede reverse logistics practices. Using the Interpretive Structural Modeling (ISM) methodology, researchers are trying to establish driving barriers (aggravating few more barriers) and independent barriers (most influenced by driving barriers). Based on degree of driving power and dependency, researchers will extract some crucial barriers that require more attention than others.
Keywords: Supply chain; logistics; Product Returns Management; Reverse logistics; Backward Supply Chain; Interpretive Structural Modeling.
Hindrances to Sustainable Workforce in the Upstream Oil and Gas Industries- Interpretive Structural Modeling approach
by Balkrishna Narkhede, Bhaskar Gardas
Abstract: It is a well-known fact that the industrial sector's overall growth and development depends hugely on the talent and strength of its workforce. The objective of this study is to present an approach to identify critical hindrances in achieving sustainable workforce in Indian Oil and Gas industries. Seven significant barriers have been identified from the literature review and opinions of experts from the industry and academia. The interpretive structural modeling methodology has been employed for establishing the contextual relationships among the barriers, and a hierarchical model has been developed. Further, crucial hindrances have been identified from their driving and dependency power using MICMAC analysis. Lack of clarity in the career ladder, insufficient pay, and perks (C6), reduction or elimination of educational and training programs (C4), lack of knowledge transfer (C5) are found to be the most significant barriers. An example from the Indian Oil and Gas industry has been presented to show the real-world applicability of the proposed model. This study is intended to help academicians, and industry practitioners to understand the interrelationship among the identified barriers and to eliminate the most critical barriers for achieving the workforce sustainability in the case sector.
Keywords: Oil and Gas industry; sustainable workforce; hindrances; multi-criteria decision making (MCDM); interpretive structural modeling (ISM); emerging economies.
MEDIATION EFFECT OF SERVICE QUALITY BETWEEN SERVICE INNOVATION AND CUSTOMER WORD OF MOUTH IN INDIAN HIGHER EDUCATION SYSTEM
by Sridhar Manohar
Abstract: Purpose: This study attempts to test the impact of service innovation on external perspective intermediate constructs of SPC framework (external service quality to customer word of mouth) thereby evolving a new framework termed as SI-CP (service innovation-customer performance) that would help in enhancing non-financial external performance of an educational institution. Further the study efforts to find the effect of service quality as a mediator between service innovation and word of mouth.
Methodology : The Descriptive research design was adopted for this study and the relationship among the constructs were tested by collecting data through an adopted questionnaire from the sample of 355 final year under-graduate/masters programmes. Software tool named Visual PLS was used to test the model of causal relationship and Sobels test was used for examining the mediation analysis.
Implications: The result exhibits that there is a combined positive effect of service innovation-service quality on the customers word of mouth. The outcome further indicates that service quality acts as a perfect media-tor between service innovation and customers word of mouth. The finding highlights that the decision makers of education service sector need to understand that if both service innovation and service quality is combined that would result in a non-financial performance of the firm namely positive word of mouth which was not empirically tested before in both innovation and service quality literature.
Keywords: Service Innovation; Service Quality; Word of Mouth; Service Profit Chain; Education System.
An Integrated Model for Achieving Sustainability in Manufacturing Industry- An Empirical Study
by Paranitharan K.P, Ramesh Babu T, Päivi Iskanius , Pal Pandi A
Abstract: Manufacturing industries are playing an important role in economic development of a country in the world. Therefore, the manufacturing industries worldwide have to face intense competition. This obligated the industries to maintain quality in product and service for maintaining sustainability in the competitive environment. This situation warrants a change in business and quality system practices. Till date in India, most of the manufacturers are performing well. However their individual system of practice has to meet certain dynamic conditions of international market changes. This eventually requires a definite integrated manufacturing model to measure and enhance the production performance and to maintain sustainability in this century. The main purpose of this paper is to analyse the performance of manufacturing industries in India through integrated manufacturing business excellence system (IMBES). This comprehensive model has been constructed based on ten critical factors with 91 variables. The perception of managers has been collected by structured questionnaire with respect to practice of IMBES in manufacturing industry. The data has been analyzed and interpreted by using statistical tools. The result revealed that the ten critical success factors of the integrated model have contextual relationship and significantly support to implement the model and achieve sustainability in manufacturing industry.
Keywords: IMBES; Manufacturing Industries; Sustainability; Integrated Manufacturing System; Empirical study.
Financial Performance Ranking of Automotive Companies in India using TOPSIS Method
by Santosh Kumar Yadav, Rohit Kapoor
Abstract: The automotive industry is the fastest growing industries in India. It contributes 7.1 percent of the countrys Gross Domestic Product (GDP) in Indian market by IBEF reports. This research has examined the financial performance ranking of the automotive industry using Technique for Order Preference by an Similarity to Ideal Solution (TOPSIS) method. The primary objective of this paper is to (1) calculate weight value of each financial ratio, and (2) provide ranks to each alternative (automotive companies) using TOPSIS method. The period for assessment of automotive industry was from 2012 to 2016 and results indicate each years automotive performance ranking. The results showed that MRF has the highest ranking in the year 2012, 2013, 2015 and 2016, and Eicher Motors in 2014. Every year different automotive firms had the lowest ranking.
Keywords: Automobile; Financial performance; TOPSIS; Entropy.
THE IMPACT OF SERVICE QUALITY ON SUSTAINABLE COMPETITIVE ADVANTAGE: STUDY ON JORDANIAN HEALTH INSURANCE COMPANIES
by Rateb Sweis, Mai Elian, Afnan R. Alawneh, Nadia Sweis
Abstract: Recently private insurance companies are facing high competition in present market. This study aims at analyzing the impact of service quality on the sustainable competitive advantage of health insurance companies in Jordan; it also aims to find the best practices and weaknesses of health insurance activities. A model is constructed to analyze this impact; data is collected from two populations; the managers of health insurance companies and their registered customers. Samples of 14 managers and 42 customer coordinators are considered to be the unit of analysis for this study, and a variety of data collecting tools are applied; questionnaires, structured interviews, annual balance sheets for the previous four years. The major findings of this study show that the service quality as a whole has an effect on gaining sustainable competitive advantage. Also the responsiveness and empathy dimensions of service quality have an effect on sustainable competitive advantage. More research is needed to explore sustainable competitive advantage in other Jordanian sectors.
Keywords: service quality; sustainable competitive advantage; health insurance companies.
Crisis Management Model Using Fuzzy Cognitive Map
by Farzad Firouzi Jahantigh, Ehsan Khanmohammadi, Azam Sarafrazi
Abstract: Managers who enable their organizations to recover from a crisis exhibit a complex set of competencies in each of the five phases of a crisissignal detection, preparation and prevention, damage control and containment, business recovery, and reflection and learning. Given the importance of crisis management in organizations, this study provided an integrated crisis management model. To provide the model, the crisis management literature was reviewed in detail and crisis criteria were extracted in three pre-crisis, crisis, and post-crisis stages. The relations between criteria were determined by experienced managers using DEMATEL method. The final relation of criteria which was calculated through DEMATEL method was entered into fuzzy cognitive map as an input and the final crisis management model was drawn. In addition to integrated crisis management model, the ranking of crisis criteria was also one of the results of this study that could empower managers to respond threats.
Keywords: Crisis; Crisis Management; Crisis Criteria; Fuzzy Cognitive Map; DEMATEL Method.
Assessment of sustainable initiatives in Indian ports using AHP Framework
by Vikas Singh Sengar, Chandra Prakash Garg, T. Bangar Raju
Abstract: From historic era till modern days, sea ports have been acting as commercial infrastructure for international trade and adding value to a nation. But escalation in port activities on land and increased vessel traffic has resulted negative impact on environment and ecology. Thus, ports are forced to think beyond their traditional business ideology of growing in economic dimension only. Rather they are required to grow economically in balance with social progress and remain environmental friendly. This provides a scope to identify a sustainable framework and factors associated to it, with respect to a port. This study makes an attempt in this direction and identifies the critical factors for sustainable initiatives in Indian sea ports. This work uses AHP framework to evaluate the sustainable initiatives and identifies that for a port; environment dimension should be prioritize over social and economic dimension to attain sustainability. Similarly economic dimension should be considered after social dimension while developing a sustainable framework. Additionally, the study also concludes that out of 14 sub factors used for study, functional environmental management system is most important one and Port infrastructure development scheme/fund is least considered sub factor.
Keywords: Sea ports; Sustainability; factors; Analytic hierarchy process (AHP); India.
Building a Customer-focused Culture in Organizations: Developing 7Cs Model
by Pankaj Madhani
Abstract: In the current scenario of highly competitive market, developing a strong relationship with customers is vital in achieving the sustainable business performance. To be successfully focused on customers, organizations must ensure a high level of consensus and cohesiveness around the belief that their existence relies on being responsive to the needs of its customers. Organizations can truly embrace customer focus only if they embed it as a culture throughout their organizations. This research has emphasized significance of market orientation as well as strategic capability in inculcating customer-focused culture. To build customer-focused culture, organizations need to deploy market orientation executed with strategic capability. The research has developed 7Cs model to facilitate building of customer-focused culture in organizations. A strong customer-focused culture exhibits high ratings on all 7Cs: customer insight, competitor awareness, collaborative approach, criteria for decision making, compensation strategy, CEO leadership and customer value creation. Research also builds various frameworks and empirically establish relationship between enterprise value and customer-focused culture in organization.
Keywords: Customer focus; market orientation; strategic capability; customer-focused culture; customer life-time value; CLV; enterprise value; competitive advantages; business performance.
The Effect of High Performance Work Systems on Radical Innovation in Knowledge-based Companies through Moderating Role of Innovation Capabilities
by Mohsen Shahriari, Mehdi Abzari, Ali Nasr Isfahani, Masoud Kianpour
Abstract: The present study aims to examine the effect of high-performance systems through moderating role of marketing capabilities on radical innovation of knowledge-based companies. The statistical population of study includes all managers and employees of Iranian knowledge-based companies that are located in Isfahan province. The statistical sample of study includes 165 individuals. The results of present study suggest that the variables of employee autonomy, training and development off employees, participation in decision-making, job security and performance management affect radical innovation of knowledge-based companies significantly. In addition, the results suggest that the variables of job security and job clarity do not affect radical innovation of knowledge-based companies significantly. In addition, results of testing moderating hypothesis suggest that innovation capabilities with adjustment coefficient of 0.527 moderate the effect of high-performance systems on radical innovation significantly. on radical innovation significantly.
Keywords: High-performance Systems; Radical Innovation; Innovation Capabilities; knowledge-based Companies.
A Comprehensive Model for Implementing Succession Management System: A Grounded Theory Approach
by Mahmood Danyali Dahhous, Sayyed Mohsen Allameh, Ali Safari
Abstract: According to most scholars, there exists no universally agreed theoretical framework regarding succession management. The purpose of this study is to create a model of succession management planning in an empirical case study. Organizations strongly need to implement succession management, which would help them to maintain its competitive advantage. This study is conducted based on the grounded theory methodology which could best lend itself to the purpose of the present research. The statistical population includes managers (chief executive officers and executive officers of the company. The sample, consisting of 16 people, was formed using snowball sampling. Theoretical sampling is applied in the data collection process for generating the theory. The data were analyzed, using Strauss and Corbins (1990) three-stage coding process. The findings indicate that the modern succession structure acts as a central theme in the design of the integrated model of succession planning. The causal conditions, at three levels of individual, organizational and managerial structures, mediated by the modern succession structure, have impact upon the succession management accomplishing strategies. These strategies are: policy making, candidate evaluation, candidate development, and the effectiveness assessment. Of course, in this regard, confounding conditions at three micro, organizational and macro levels, as well as the contextual conditions in three areas of the organizational outlook, contexts realizing organizational outlooks, and organizational policies, influence these strategies. The outcomes of these strategies and the influencing processes eventually find expressions at micro (individual), middle (unit), and macro (organizational) levels.
Keywords: succession management; Talent management; Grounded Theory Approach.
Customer Related Social Stressors (CSS) a Challenge to Employee Satisfaction: Evidences from Luxury Bus Service Providers in Pakistan
by Asif Nawaz, Kamran Yousef Sandhu, Nafeesa Abbas
Abstract: Customer may also become a source of stress for service employees and affect their wellbeing. Same is determined in this study to find the impact of customer social stressors on bus hostesses emotional exhaustion and as a result on their job satisfaction and life satisfaction. Data was collected from 150 bus hostesses in Lahore City. Analysis is done with smart PLS 3.0. by applying multiple test, both for outer and inner model evaluation. Customer verbal aggression and disliked customer both proved to be escalating exhaustion that in turn affect job satisfaction as well as life satisfaction of the serving females.
Keywords: Customer social stressors; emotional exhaustion; job satisfaction; life satisfaction.
The Relationship of Corruption to Economic Activity in the OECD
by Todd Broker, Dan Harris, Topaz Prawito, L. Murphy Smith
Abstract: This study extends earlier research regarding the relationship of corruption to economic activity. In the current study, three measures of economic activity are examined: Gross Domestic Product (GDP), Foreign Direct Investment (FDI), and unemployment rate. A fourth factor, Economic Freedom, is also analyzed to assess the relationship between corruption and level of government involvement in a countrys economy. Findings indicate that increases in Gross Domestic Product per capita are significantly higher in low-corruption countries. Further, nations with lower levels of corruption experience noticeably lower unemployment rates compared to nations with higher levels of corruption. Additionally, findings show that low-corruption countries tend to have more economically open and free societies. Economic data for the study was collected from the OECD (Organization of Economic Cooperation and Development), from the World Bank, and from the Heritage Foundations Index of Economic Freedom database. Corruption level data was obtained from Transparency International, which annually publishes a ranking of countries based on perceived corruption. Corruption activities include but are not limited to: corporate fraud, bribery, and cartels.
Keywords: corruption; business activity; fraud; bribery.
Analyzing the relationship between Organizational Strategies and Effectiveness of Human capital Management Practices
by Kouroush Jenab, Hadi Teimouri, Kim Lafeor
Abstract: There has been a growing interest among scholars in organizational capitals in recent years. Using the field-descriptive method, this study reports a model for comparative analysis of challenges of organizational strategies in two private and public sectors of Iran's petrochemical industry and its impact on effectiveness of human capitals management practices. Historical study method was used to collect theoretical subjects and field study method was applied to answer to research questions and confirm or reject research hypotheses. There exists a significant difference between effectiveness level of human capitals management practices in areas of organizational strategies in two private and public sectors of petrochemical industry. Analyzing the impact of existing challenges of organizational strategies on effectiveness of human capitals management practices shows the reversed relation among the existing challenges of organizational strategies and effectiveness of human capitals management practices in this regard. These results offer implications for future human capital practices inclusive of a proposed comprehensive model of Human Capital Management Strategy as a systemic remedy.
Keywords: Human Resources Management; Organizational Strategies; Organizational Challenges; Effectiveness.rnrn.
AN EMPIRICAL EVALUATION OF CUSTOMER SATISFACTION AND CUSTOMER LOYALTY TOWARDS THE SERVICES RENDERED BY BOTH PRIVATE AND PUBLIC SECTOR BANKS IN TAMILNADU
by Mahalakshmi Varadharajan, Karthikeyan Karthik
Abstract: A bank is a financial institution which provides banking and other financial services to its customers. A banking system is also referred as a system which offers cash management services for customers, reporting the transactions of their accounts and portfolios, throughout the day.
The author conducted a literature search on various services rendered by both Private and Public sector banks and interviewed 1040 customers. The study focuses on various services rendered by banks like Loan oriented services, Front office services, Deposit oriented services and Infra structure facilities rendered by banks. Statistical tools like SEM analysis, Karl Pearsons co-efficient, Two-way table, Chi-square test, Garretts Rank, and Discriminant Analysis are used to analyze the data. With the help of analysis causes were identified and through correcting the causative factors and to overcome such cause valuable suggestions were provided to the banks.
Keywords: Banking services; Loan oriented services; Deposit oriented services; Infra structure facilities.
Identification of Factors Affecting Quality of Multimodal Transportation for Containerized Export in Indian Scenario
by Aman Dua, Deepankar Sinha
Abstract: This work explores the perception of actors in multimodal transportation to arrive at the significant factors influencing the quality of multi-modal transportation for containers from India. The existing literature focuses on a particular issue, or some issues, such as cost, time or infrastructure related to logistics or concerns of a firm in maintaining efficacy of logistics operations. In this research, an attempt has been made to compile and analyze the major relevant issues and challenges of the primary stakeholders associated with multimodal transportations. The responses of the stakeholders, represented by the managers of the firms, in the logistics chain have been obtained through semi-structured interviews. The responses have been analyzed qualitatively, and the summary of the results have been vetted by the respondents. The customers perspectives have been further obtained by analyzing their comments on the social networking websites of logistics firms. These e-comments have been analyzed using Sentistrength, a data mining software.The results of the analyses reveal the factors affecting the perception of stakeholders about the quality of multimodal transportation.
Keywords: Multimodal Transportation ; Quality; Supply Chain Quality; Sentiment analysis; Factors affecting Transportation Quality.
Evaluating International Market Selection with Multi-Criteria Decision Making Tools - A case study of a Metal Company in Indonesia
by Elia Oey, Noviyanti Komala, Sanny Lim
Abstract: With the era of globalization, firms have the opportunity to expand their operations beyond the countrys boundary. Expanding business to an international market can give firms benefits such as economic of scale leading to cheaper cost, higher asset utilization, as well as knowledge to international exposure. However, entering international market also poses its own challenges and risks. To make a sound business decision, firms wish to enter international market need to do a proper analysis and evaluation. The study is based on a case of a medium-size Indonesia company that wishes to export its metal-derivatives products to International market. The study used a systematic International Market Selection (IMS) approach using a combination of Analytical Hierarchical Process (AHP) and Goal Programming (GP). It chose 12 (sub) criteria, representing generic and product-related considerations. Based on the preliminary screening, it narrowed down the alternatives to 15 countries, and using the combination of AHP-GP recommended 3 countries to enter.
Keywords: Multi-Criteria Decision Making; Goal Programming; Analytical Hierarchical Process; International Market Selection (IMS).
An assessment of the factors influencing the affective component of commitment among employees in IT sector in chennai
by Aiswarya Ramasundaram, Ramasundaram Gurusamy
Abstract: The purpose of the study was to examine the factors influencing commitment among employees in the IT industry. This study is limited to the top companies in IT sector in Chennai. The respondents surveyed were active IT employees. The study provides significant current information on HR practices in IT industry. The researcher proposed a set of research questions to understand the level of HR practices on the commitment level of the employees.rnThe hypotheses are tested on the data collected from the IT employees. Statistical tools like Factor analysis and step wise regression was applied to understand the level of importance each factor namely career development, decision making, brand value, and performance appraisal has on the commitment of the employees.rnThe findings reveal that best form of HR practices shall impact the organizational commitment of the employee in a positive manner. The results showed that variables like career development, decision making, brand value, and performance appraisal have a positive impact on the affective component dimensions of commitment. Current HRM research has a strong focus how organization can improve employees commitment to the organization. Also the insight gained from this study contribute to the future development of this line of research in other industries also.rn
Keywords: Employee commitment; IT sector; Affective component; career development; decision making and brand value.
What Does It Take to Become a Lifestyle? A Case of an Online-Based Transportation Phenomenon
by Erlinda Yunus, Sridhani Pamungkas
Abstract: This study examines an online-based transportation service, which has become phenomenal in emerging countries. This study aims to reveal the characteristics of the users and identifies factors determining this lifestyle. This study employs a mixed-method approach, which combines a survey with an in-depth interview, to unveil the determinants of the lifestyle. A total of 225 valid data are used to map the motivations of the users and to segment them, followed by a content analysis of 11 in-depth interviews. The results suggest that the online-based transportation users are either Ideal or Achievement motivated and could be segmented into Strivers, Believers, Innovators, Achievers, and Thinkers. Thinkers dominate the user segment. Moreover, this study also uncovers four determinants of the lifestyle across these five user segments, which is cost efficiency, speed, service value, and simplicity. This study is amongst the first to reveal the determinants of choosing an online-based transportation.
Keywords: Go-Jek services; lifestyle determinants; consumer segments; case study research.
Recent developments in “Low Cost Carrier” Research: A Review
by Tarun Dhingra, Manish Yadav
Abstract: Recent trends in the Low Cost Carrier (LCC) literature is reviewed in this study from 2005-2015.On the basis of systematic review,169 articles located in 20 top air transport journals are categorized into 9 distinct topics/major themes: (1) Airline Strategy; (2) Airline Business Model; (3) Airline Economics; (4) Airline Performance; (5) Airline Market Structure; (6) Airline Operations; (7) Airline Sales & Marketing ; (8) Airline Service Quality; (9) Airline & Airport Relationship. All themes are reviewed & their intra linkages are presented in the study. Concluding thoughts concerns requirement to study and compare various LCC models across the word from the point of view of location, policy, regulations and competition through process and variance based research.
Keywords: Low Cost Carrier, Airline Business Model, Airline Trend, Airline Strategy, Airport Relationship, Systematic Literature Review
Computer Aided Design based Assembly Sequence Planning: A next stage in Agile Manufacturing research
by D.T. Sunil, S.R. Devadasan, V.M.M. Thilak
Abstract: Today, certain manufacturing companies have developed agile capabilities to react quickly in accordance with the dynamic demands of the customers. These manufacturing companies are regarded by the modern researchers as 'agile manufacturing companies'. Other companies are unable to compete with agile manufacturing companies. In order to facilitate companies to acquire agility, modern researchers are required to identify the next stage of research whose outcome will enable today's manufacturing companies to become agile manufacturing companies. In this background, in this paper, a literature review is reported. At the end of conducting this literature review, the benefits of implementing agile manufacturing and assembly sequence planning were gathered and compared. Based on this comparison, this paper is concluded by suggesting that determining optimal assembly sequences of the components to produce products for implementing agile manufacturing paradigm in today's manufacturing companies shall be the next stage of research.
Keywords: Agile manufacturing; Computer Aided Design (CAD); Assembly sequence planning: Optimization techniques; Computer aided manufacturing; Literature review.
Bharat to India: a case of connecting IFFCO brand with generation Y
by Shampy Kamboj, Mayank Yadav, Zillur Rahman
Abstract: In the era of marketing, urban 'youth' category or generation Y is more attractive than any other social category. There is a lot of discussion about the potential of generation Y of India in the developed economies. Various companies have realised the immense potential of this youth category and are interested to target this segment. This is important as generation Y dominates India. Generally, a trend is observed that companies target rural market as two third of the total population in India is concentrated in rural areas. There is a lack of evidence about the reverse trend. This is supposed to be the first case that focuses on the reverse trend; i.e., rural to urban with the help of a case of Indian fertiliser giant, IFFCO. The case discusses about various communication and branding strategies of IFFCO to target generation Y.
Keywords: brand; digital media; generation Y; marketing communication; rural; social media; social networking sites; urban; India.
The impact of compassion on organisational identification: mediating role of positive emotion
by Deepak Subba, M.K. Rao
Abstract: In recent years, compassion has attracted the attention of organisational psychologists as there is a huge scope of exploring the domain of compassion in the literature on organisational behaviour. This study fills the gap by investigating the impact of compassion on organisational identification by conducting a survey among the employees working in the financial sector of India. For testing the theoretical model, a sample of 454 respondents was used, and for analysing the data, confirmatory factor analysis and structural equation modelling were employed. The findings indicated that compassion directly affects organisational identification, but indirectly impacts through the mediating effect of positive emotion. The theoretical model as well as all the propositions was supported, and depending on the finding, we proposed both the practical and theoretical implications. Managers need to develop compassionate acts among members in the workplace, which in turn will improve the efficiency and effectiveness of an organisation.
Keywords: compassion; positive emotion; organisational identification.
The impact of perceived organisational support on organisational citizenship behaviour: the mediating role of organisational trust
by Ali Nasr Isfahani, Ali Rezaei
Abstract: This study examines the relationships between perceived organisational support (POS), organisational citizenship behaviour (OCB) and organisational trust; and the mediating role of organisational trust on perceived organisational support and OCB. The population under study were all experts from National Iranian Drilling Company among whom 158 questionnaires were distributed. Of these 158 questionnaires, 146 questionnaires were completed; of these completed questionnaires, six were excluded, because many items were left unanswered. Finally, 140 questionnaires were analysed. Results showed that there is a positive significant relationship between perceived organisational support and OCB and organisational trust. There is a positive significant relationship between OCB and organisational. Also, the meditating role of organisational trust is supported in relation to the perceived organisational support and OCB. The results of PLS show that the baseline model is supported.
Keywords: organisational citizenship behaviour; OCB; organisational trust; perceived organisational support; POS.
Exploration of qualitative success factors of innovative e-business startups: blue ocean strategy versus dynamic capabilities
by Andrejs Čirjevskis
Abstract: The aim of this research was to test a new generation of strategic management theories to discover the most appropriate qualitative factors for an innovative e-startup assessment and produce a probability formula in order to estimate the chances of success of any other innovative e-business. The qualitative factors were analysed against a sample of 30 innovative successful e-businesses startups which were founded after 2004. The research identified several factors: value curve divergence and exceptional buyer utilities of innovative products as well as dynamic capabilities to seize opportunities which are more correlated with a startup's success than others and therefore are more reliable as assessment criteria. Multiple regression analysis has shown that the set of all researched independent and moderating variables is strongly correlated with a start up success and can predict e-business successful performance in more than 80% of the cases.
Keywords: innovative e-business; qualitative success factors; value curve divergence; exceptional utilities; dynamic capabilities.
Lean Six Sigma and innovation: comparison and relationship
by Souraj Salah
Abstract: The success of an organisation is directly related to the effectiveness of its creation of innovative products or processes and its implementation of continuous improvement (CI) to improve such products or processes. For any manufacturing or service organisation, lean Six Sigma (LSS) and innovation are important approaches. Effective understanding of these methodologies and their relationship will provide an industry with a competitive advantage. Many industrial organisations today are using LSS as the core for their improvement efforts. Also, an increasing number of organisations are setting up programs to transform their culture into an innovative culture. There is a lot of dispute about how they relate to each other, what the common grounds are, as well as their differences. As such, the relationship between LSS and innovation, as well as the development of an integrated model for both, are worth further investigation.
Keywords: lean Six Sigma; LSS; innovation; quality; competition; integration; continuous improvement.
Determinants for success of public-private partnership in India: a conceptual model
by Reetika Sehgal, Ashish Mohan Dubey, Nidhi Tiwari
Abstract: In the present era, governments across the world are focusing on new innovative methods for financing projects, developing infrastructure and delivering quality services. Public-private partnerships (PPPs or 3Ps) are an instrument to collaborate the strengths of both public and private sectors. One of the most important areas of PPP study in the present time is its critical success factors (CSFs). This work aims to systematically evaluate the research work on the CSFs for implementing PPPs. The concept of CSFs shows an innovative way to categorise certain factors whose presence in a project is expected to make the project successful. The current paper highlights 14 main CSFs which are considered as significant for any PPP project. Each factor includes a number of success sub-factors. Finally, a framework for determinants of PPP is developed based on literature review.
Keywords: public private partnership; PPP; critical success factors; CSFs; determinants; success; India.
Factors affecting consumers' attitude towards purchasing green packaged food products: an integrated conceptual framework
by Priya Sodhi, Raminder Pal Singh
Abstract: This study attempted to examine the factors affecting customer's attitude towards purchasing green packaged food products. This study finds out how much environmental problems are considered by the customers in purchasing process and what kind of factors are more important that affecting the customer's behaviour while making decisions towards green packaged food products. The primary data was collected through questionnaires and quantitative analytical technique is used to analyse the results. The outcome of the survey shows that customers are ready to pay more money for green packaged food products, but it has been observed that the price of green packaging is more than conventional packaging. Research shows that when customers make decisions they also think about other factors related to the product. The study concludes by using the analytical measures to know the factors which affect the customer's purchasing behaviour and to promote the market of green packaged food products.
Keywords: green packaging; purchasing behaviour; attitude; awareness; factors affecting customers.
Are tax incentives beneficial to support corporate performance in digital TV industry?
by Yunita Anwar, Maya Safira Dewi, Martin Surya Mulyadi
Abstract: The importance of digital TV in most countries has been acknowledged by wide usage of digital TV throughout the world. In order to support the development of this industry, it is a common practice that government provide tax incentives. While major prior research in tax incentives focus on the impact of tax incentives on economic development, this research focuses on the impact on corporate performance. This research studies digital TV tax incentives in Canada, Indonesia, and the United States of America (USA). Using EGARCH econometric model on the largest digital TV corporations in these three countries, this research finds that tax incentives are beneficial to support corporate performance with some exception. Tax incentives are found to be less effective in smaller corporations.
Keywords: tax incentives; corporate performance; EGARCH; digital TV industry; Canada; Indonesia; USA.
Ecological, green marketing and green supply chain problems - fish marketing societies in Tamilnadu coastal areas
by K. Mohamed Jasim, T. Paramasivan
Abstract: Ecological, green marketing and green supply chain problems - fish marketing societies (FMS) in the Tamilnadu coastal areas. The main objective of this research is to analyse the ecological problems for the FMS in the Tamilnadu coastal areas, to determine the green marketing strategies for the FMS in the Tamilnadu coastal areas and to identifying the green supply chain problems for the FMS in the Tamilnadu coastal areas. The nature of the research is descriptive method, and the sample size is 606 respondents from the various locations in the Tamilnadu coastal areas and data collection method used in the research is 'questionnaire method'. Data was analysed by using SPSS 16.0. Findings, suggestions and conclusions were made by keeping an eye on the objectives.
Keywords: ecological; green marketing and green supply chain problems.